Canaccord Genuity Group Reaffirms “Buy” Rating for Beeks Financial Cloud Group (LON:BKS)

Beeks Financial Cloud Group (LON:BKS)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity Group in a report issued on Thursday, MarketBeat Ratings reports. They currently have a GBX 335 price objective on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 45.65% from the stock’s previous close.

Beeks Financial Cloud Group Stock Down 2.1%

Shares of BKS stock opened at GBX 230 on Thursday. Beeks Financial Cloud Group has a 1 year low of GBX 171 and a 1 year high of GBX 327. The company has a debt-to-equity ratio of 7.72, a quick ratio of 1.85 and a current ratio of 2.09. The business’s fifty day moving average is GBX 235.99 and its 200-day moving average is GBX 223.69. The stock has a market cap of £154.83 million, a PE ratio of 55.83 and a beta of 0.38.

Beeks Financial Cloud Group (LON:BKS) last announced its quarterly earnings data on Monday, October 6th. The company reported GBX 8.47 earnings per share for the quarter. Beeks Financial Cloud Group had a return on equity of 6.12% and a net margin of 7.70%. Equities analysts expect that Beeks Financial Cloud Group will post 7.3180848 earnings per share for the current fiscal year.

Beeks Financial Cloud Group Company Profile

Cloud computing is crucial to Capital Markets and finance. Beeks Group is a leading managed cloud provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency private cloud compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.

ISO 27001 certified, we provide world-class security aligned to global security requirements. Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year.